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This paper offers many new insights into the processes of firm growth by applying a vector autoregression (VAR) model to longitudinal panel data on French manufacturing firms. We observe the co-evolution of key variables such as growth of employment, sales, gross operating surplus and labour...
Persistent link: https://www.econbiz.de/10010750364
Complicated neoclassical models predict that if investment is sensitive to current financial performance, this is a sign that something is "wrong" and is to be regarded as a problem for policy. Evolutionary theory, on the other hand, refers to the principle of "growth of the fitter" to explain...
Persistent link: https://www.econbiz.de/10010750396
The issue of technological unemployment receives perennial popular attention. Although there are previous empirical investigations that have focused on the relationship between innovation and employment, the originality of our approach lies in our choice of method. We focus on four 2-digit...
Persistent link: https://www.econbiz.de/10010750726
Innovation is commonly seen as the principal engine of economic development. In this paper, we investigate the microfoundations of economic growth by relating innovation to sales growth at the firm-level, for incumbent firms in four «complex technology» sectors. The average firm, which...
Persistent link: https://www.econbiz.de/10010750858
Serial correlation in annual growth rates carries a lot of information on growth processes - it allows us to directly observe firm performance as well as to test hypotheses. Using a 7-year balanced panel of 10 000 French manufacturing firms, we observe that small firms typically are subject to...
Persistent link: https://www.econbiz.de/10010750888
We survey the phenomenon of the growth of firms drawing on literature from economics, management and sociology. We …
Persistent link: https://www.econbiz.de/10010750933
Targeted reductions in employers' social security contributions are conceived as a key policy instrument used to facilitate job creation when labour cost is so high that it may deter companies from hiring new employees. Among the different measures implemented in France, the set of instruments...
Persistent link: https://www.econbiz.de/10010821224
In this article we highlight the role played by widows in French Family businesses. We take a historical point of view in order to highlight the significance of our topic. We show the role of French family law in enabling widows to become entrepreneurs. Then we relate the life of the wife of a...
Persistent link: https://www.econbiz.de/10010821312
, hermetic and rigid organization. Besides, the specificity of mechanisms of learning and knowledge management, in general … within the family firm. This organization runs particular risks because of the peculiarity of its knowledge management … firms show an inclination to concentrate the processes of knowledge management around its tacit dimension by encouraging its …
Persistent link: https://www.econbiz.de/10008791271
(Cabrera-Suarez and ali., 2002). The specificity of mechanisms of learning and knowledge management within the family firms are … constitute, for example, supplementary occasions of exchange and sharing of knowledge.The typical paternalistic management of the … advantage of its rights of decision and control, the family dominates the management of knowledge. Family firms weakly …
Persistent link: https://www.econbiz.de/10008792270